The goal for this opportunity is to finance the construction of an apartment building, with 116 apartments, situated at 18-24, Matasari street, Bucharest, district 2, Romania.Crowdestate investors will have the opportunity to invest in a mortgaged <a href="https://blog.crowdestate.eu/en/2020/secured-loan-definition/" target="" style="background-color: rgb(255, 255, 255);color: rgb(73, 131, 195);">secured senior construction loan</a> in a total amount of up to EUR 2,500,000, arranged in 4 tranches, based on the progression of works and the presales.This is the 2nd tranche and will be used to complete the acquisition of land and to start off construction works. The land is evaluated for EUR 3 million by SVN Research &amp; Evaluation Advisors. The 1st tranche of EUR 617,800 was also utilized for financing partially the purchase of the three land lots on which the project will be built.  The three land lots have been merged, documents for the construction permitting were filed and the authorization should be issued at the beginning of November 2021. When authorization is obtained, the remaining difference for the land purchase must be paid, EUR 1.034 million. The difference of EUR 384,000 will be covered by the Sponsor’s equity. The investment tenor for this tranche is up to 16 months. The interest rate is 14% p.a. and it will be paid in quarterly installments. The loan will be secured first with a 2nd rank mortgage on the land (the 1st rank mortgage is in favor of tranche 1 investors). LTV after this 2nd tranche will be 42%.

Real estate investment opportunity in Romania for property development offering 14% annual interest rate.

Investment opportunity | Matasari 18-24, Bucharest, Romania

The goal for this opportunity is to finance the construction of an apartment building, with 116 apartments, situated at 18-24, Matasari street, Bucharest, district 2, Romania.Crowdestate investors will have the opportunity to invest in a mortgaged <a href="https://blog.crowdestate.eu/en/2020/secured-loan-definition/" target="" style="background-color: rgb(255, 255, 255);">secured senior construction loan</a> in a total amount of up to EUR 2,500,000, arranged in 4 tranches, based on the progression of works and the presales.This is the 2nd tranche and will be used to complete the acquisition of land and to start off construction works. The land is evaluated for EUR 3 million by SVN Research &amp; Evaluation Advisors. The 1st tranche of EUR 617,800 was also utilized for financing partially the purchase of the three land lots on which the project will be built.  The three land lots have been merged, documents for the construction permitting were filed and the authorization should be issued at the beginning of November 2021. When authorization is obtained, the remaining difference for the land purchase must be paid, EUR 1.034 million. The difference of EUR 384,000 will be covered by the Sponsor’s equity. The investment tenor for this tranche is up to 16 months. The interest rate is 14% p.a. and it will be paid in quarterly installments. The loan will be secured first with a 2nd rank mortgage on the land (the 1st rank mortgage is in favor of tranche 1 investors). LTV after this 2nd tranche will be 42%.

Käesoleva investeerimisvõimaluse eesmärk on rahastada 116 korteriga kortermaja ehitamist, mis asub aadressil 18-24, Matasari tänav, Bukarest, 2. piirkond, Rumeenia. Crowdestate'i investoritel on võimalus investeerida hüpoteegiga <a href="https://blog.crowdestate.eu/2020/tagatud-laenu-tahendus/" target="">tagatud seenior ehituslaenu</a> kogusummas kuni 2 500 000 eurot, jaotatuna neljaks rahastusvooruks, lähtudes tööde edenemisest ja eelmüügist. Tegemist on projekti teise rahastusvooruga suuruses 650 000 eurot- antud summat kasutatakse maa omandamise lõpuleviimiseks ja/või ehituskulude katmiseks. SVN Research &amp; Evaluation Advisorsi hinnangul on maa-ala väärtuseks on 3 miljonit eurot. Esimese rahastusvooru suuruseks oli 617 800 eurot ning antud summat kasutati samuti arenduskinnistu omandamiseks. Kolm krunti on nüüdseks ühendatud, ehitusloa dokumendid on esitatud ja ehitusloa väljastamine peaks toimuma 2021.aasta novembri algul. Loa saamisel tuleb tasuda ülejääv osa maa ostmiseks (1, 034 miljonit eurot). 384 000 eurot katab Sponsor omakapitalist. Investeerimisperioodi pikkuseks on kuni 16 kuud. Intressimäär on 14% aastas ja intressi makstakse kord kvartalis. Laen on tagatud teise järjekoha hüpoteegiga krundile (esimese järjekoha hüpoteek kuulub esimese rahastusvooru investoritele). Teise rahastusvooru LTV on 42%.

Investeerimisvõimalus Rumeenias kinnisvaraarenduseks, 14% aastane intress.

Investeerimisvõimalus | Matasari 18-24, Bukarest, Rumeenia

Scopul acestei oportunitati este finantarea constructiei unui bloc de apartamente, cu 116 apartamente, situat la nr. 18-24, pe strada Matasari, Bucuresti, sector 2, Romania. Investitorii Crowdestate vor avea ocazia sa investeasca intr-un <a href="https://blog.crowdestate.eu/en/2020/secured-loan-definition/" target="">imprumut senior garantat,</a> pentru constructii, in valoare totala de pana la 2.500.000 EUR, acordat in 4 transe, pe baza progresului lucrarilor si a prevanzarilor.Aceasta este a doua transa a oportunitatii de investitie, pentru 650.000 EUR, si va fi utilizata pentru finantarea achizitionarii terenului pe care va fi construit proiectul si inceperea lucrarilor de constructie. Prima transa in suma de 617.800 EUR a fost utilizata tot pentru achizitia partiala a terenului. Terenul este evaluat la 3 milioane EUR de catre SVN Research &amp; Evaluation Advisors.Cele trei loturi de terenuri au fost alipite si au fost depuse documentele pentru autorizatia de constructie care ar trebui sa fie eliberata la inceputul lunii noiembrie 2021. Cand se obtine autorizatia, se va plati diferenta ramasa pentru cumpararea terenului, de 1.034 milion EUR, diferenta de 384,000 EUR va fi acoperita din sursele proprii ale Sponsorului.Perioada de investitie pentru aceasta transa este de pana la 16 de luni. Rata dobanzii este de 14% pe an si va fi platita in rate trimestriale.Imprumutul va fi garantat cu o ipoteca de rangul 2 (rangul 1 este in favoarea investitorilor din prima transa). LTV dupa cea de-a doua transa este de 42%.

Dezvoltare proiect rezidential in Romania care ofera dobanda de 14%.

Oportunitate de investitie | Matasari 18-24, Bucharest, Romania

Romania

Euro

AVRG_PR-pers.int-STUDIO 01 Living.jpg

5E9F4A3A-DB33-4707-84F0-F410B7AA7511.jpeg

D9B95BF1-D398-488A-99F1-E319210D64D6.jpeg

2A9D2EE2-708E-4D5D-9647-49C4EA8F66C6.jpeg

4C7B8757-43C5-489B-86DC-BAFF6502AE16.jpeg

B326E566-AA79-4254-BBC1-82B126B50A34.jpeg

819A83AB-8785-4A41-A730-BB8AA13A000E.jpeg

30B9FCEF-E030-4A13-8D05-605FA8851E08.jpeg

F056DBFE-706E-43BD-9155-E328108F8437.jpeg

72BB38F4-694F-40A7-8718-C47042CEF7F2.jpeg

DA5A6F32-ECD7-464A-B320-6313E92FF6E1.jpeg

41C038B3-019D-4C42-8BE9-9D0B266D7AFB.jpeg

737D85D0-3B8D-4F10-8054-923C74BB82D0.jpeg

AVRG_PR-pers.int-DUPLX 01 Living.jpg

AVRG_PR-pers.int-DUPLX 04 Domitor.jpg

AVRG_PR-pers.int-STUDIO 03 Bucatarie2.jpg

AVRG_PR-pers.int-STUDIO 04 Dormitor2.jpg

Matasari 18-24, Bucuresti (II)

Rock Development Holding S.R.L. is owned 90% by Mr. Mihali Constantin and 10% by Mr. Mircea Cotiga

Rock Development Holding S.R.L.

Rock Development Holding S.R.L. is fully owned by Mr. Mihali Constantin.

Mr. Cotiga owns 10% of Rock Development Holding S.R.L. - the owner of Rock Green Development S.R.L.

Obiectiv de finanțare:	€ 650000
Randament așteptat:	14 % pe an
Durata investiției:	2 luni
Categoria de risc:	B Model de evaluare a riscurilor
LTV:	Risc scăzut %
Capital stack:	Împrumut garantat

Matasari 18-24, Bucuresti (II)

Oferta de finanțare participativă ieșită